The AI Pin, launched in November, was pitched as a stand-alone device acting as a personal AI assistant. However, mixed reviews and the growing belief that the device cannot replace a smartphone have seemingly impacted the company's ambitions. Humane is now reportedly seeking a buyer, with a price tag between $750 million to $1 billion. The co-founders responded to criticisms by stating that this is only the "beginning of the story" and promising software refinements, new features, and partnerships.
Key takeaways:
- Humane's AI Pin, a wearable device with a laser-projected display, has been reported to overheat, with staff having to chill it with ice packs before presentations.
- The company's founders, former Apple employees Imran Chaudhri and Bethany Bongiorno, dismissed concerns about the device's heating issues, claiming they could be fixed with software updates.
- Despite initial anticipation, the AI Pin has received mixed reviews and there is a growing consensus that it cannot replace a smartphone.
- Humane is reportedly seeking a buyer for the company, with a price range of $750 million to $1 billion.